5850 Cypress Estates Drive, Elkton, FL, 32033 | $639,900

This awesome home situated on a full 1 Acre lot in the Estates section of Cypress Lakes offers everything that you could need in your next home! From the moment you walk into the spacious, open-concept Foyer with views into the Formal sitting room/Flex space and the Formal Dining room you are enveloped in the warmth and graciousness of this inviting home. An oversized Kitchen with large island and Breakfast nook serve as the heart of the house, opening up to a central Living/Gathering area with a view of the bright, glass-enclosed sun room overlooking a lush backyard with room for a pool and/or lanai. Privacy abounds in this split floor plan home, with the Primary suite on one side of the Gathering room and Guest spaces on the other. Two guest rooms share a full Jack and Jill bathroom with tub/shower combo, while a 3rd guest room is only steps from a separate full bath (with access to the sun room) that could double as a pool bath. The Primary suite offers ample room size and His and Hers walk-in closets with wraparound shelving. The Primary bath features split vanities with makeup station, large corner soaking tub, and walk-in glassed shower. An indoor laundry room with extra storage leads out to the generously-sized two-car garage. Property contains well with sprinkler system. Relax in the comfort and luxury of this spacious, airy, and elegant home. The sunrises from the Florida room are spectacular! Call for more info or your private viewing!

Features

  • Amenities: Golf,Community Pool Unheated
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 43560
  • Style: Contemporary,Single Family Home
  • Year Built: 2008
  • Heating: Central,Electric,Heat Pump
  • Cooling: Central,Electric
  • Approx Sq. Feet: 3,327
  • Acreage: 1
  • Lot Size: 43560
  • Est. Taxes: $2,917
  • HOA Fee: $414
  • Lot Desc: Suburban, Conservation Backyard,Wooded
  • Elem. School: Otis A. Mason Elementary
  • Middle School: Gamble Rogers Middle
  • High School: Pedro Menendez High School
  • MLS#: 244510
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /prop/244510/5850cypressestatesdrive_elkton_fl?source=qrflyer
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Listing courtesy of RE/MAX 100 REALTY

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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5850 Cypress Estates Drive, Elkton, FL, 32033

$639,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $511,920 $511,920 $511,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $243 $243 $243
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,406 $3,402 $4,389
Total Monthly Payment $3,741 $3,737 $4,724

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.